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About CA Score

The CA Score is used as a bankruptcy model prediction. Constructed by Jean Legault of the University of Quebec at Montreal, this model uses step-wise multiple discriminate analysis to analyze the failure rate of Canadian companies. While this calculation may have been effective at time of inception, it was strategically designed to detect failures in small Canadian businesses. (Companies with total assets between 1 - 20 million dollars).

For CA-Scores that are less than < (-0.3), these firms are classified as "failed."